BMI View: Qatar's consumer electronics market is one the most lucrative in the world, where high incomes and a strong consumption culture mean replacement cycles are short and device prices high. It also fared better than its oil- producing peers in 2015, a trend we expect will continue over the medium term as population growth and large investment projects create new opportunities that help to compensat e for the underlying diminished- volume growth potential in a market where saturation has already been reached in most device categories. We forecast total device spending will increase at a CAGR of 4.1% over 2016-2020 to USD1.88bn in 2020.
Latest Updates & Industry Developments
Computer Hardware Sales: USD622mn in 2016 to USD744mn in 2020, a compound annual growth rate (CAGR) of 4.6%. Hybrid notebooks are an area of strong growth, while tablet demand has fared better in the face of competition from tablets than in most markets.
AV Sales: USD252mn in 2016 to USD302mn in 2020, a CAGR of 4.5%. After underperformance in 2015 - when TV set spending contracted - we have a brighter outlook as UHD TV sets act as an upgrade trigger in the high-value premium segment.
Handset Sales: USD732mn in 2016 to USD838mn in 2020, a CAGR of 3.4%. In 2015 lower-cost smartphone availability deepened the market to a larger share of migrant workers, which resulted in an upward revision to the volume outlook, but this upside is countered in the value forecast by the declining average selling price for smartphones.
|Lower-Cost Smartphones Deepen The Market To Migrant Workers|
|Qatar Smartphone Forecast|
|f = BMI forecast. Source: BMI|
The Qatar Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Qatar.
BMI Research's Qatar Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in Qatar.
- Benchmark BMI's independent consumer electronics industry forecasts for Qatar to test other views - a key input for successful budgeting and strategic business planning in the Qatari consumer electronics market.
- Target business opportunities and risks in Qatar through our reviews of latest industry trends and major deals, projects and investments.
- Exploit the latest competitive intelligence with company SWOT analyses.
BMI Industry View
Summary of BMI's key industry forecasts, views and trend analysis covering consumer electronics, major investments and projects.
Consumer Electronics Market
Analysis of the size of the domestic market for electronics products, with in-depth assessment and data covering the dynamics driving each sub-sector; audio-visual, computers, mobile phone handsets and gaming devices, as well as demand for automotives electronics.
Analysis and data of the domestic electronics manufacturing sector. We assess the regulatory and business operational issues facing manufacturers - including openness to foreign investment, infrastructure, IP issues and the global demand context - and their impact on the production of electronics goods, which is again broken down via market sub-sectors.
Industry Forecast Scenario
Historic data series and forecasts to end-2018 for all key industry and economic indicators (see list below), supported by explicit assumptions, plus analysis of key risks to the main forecast, covering computers, communications and gaming devices. Indicators include:
Industry value (US$bn); population (mn); nominal GDP (US$bn); real GDP growth (%), GDP per capita, industrial production Index (% y-o-y ave.) unemployment % of labour force.
Business Environment Rankings
BMI's Consumer Electronics Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors and participants in the regional consumer electronics market. The rankings methodology makes sophisticated use of over 40 industry, economic and demographic data points.